In The News

A US bank has unionized for the first time in 40 years

Roughly 100 Beneficial workers ratified a contract with management in late September, after agreeing to unionize in March 2020.

From Quartz at Work:

Genesee Co-op Federal Credit Union workers form union

From the Rochester City Paper:

Genesee Co-op Federal Credit Union workers form union

From the Rochester Business Journal:

Genesee Co-op Federal Credit Union workers in Rochester have unanimously chosen to form a union with the Communications Workers of America.

San Diego Man Says He Experienced ‘Banking While Black’ In Local Bank of America Branch

From KPBS:

...Regardless of what might be considered standard industry practice, advocates say accusing a Black customer of stealing without evidence and even pretending to call the police could be racist.

From Berkshire Hathaway to Silicon Valley, little to show for diversity pledges, critics say

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From CBS News:

"As bank workers and Wells Fargo shareholders, we don't want empty promises," Ted Laurel, an account resolution specialist in San Antonio, Texas, who is Mexican-American, said in a news conference last week organized by the Committee for Better Banks (CBB), a coalition of bank workers, consumer and labor groups.

Committee for Better Banks
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